Stocks in Asia declined with U.S. and European equity futures Wednesday as concern about faster inflation overshadowed the economic recovery from the pandemic. A dollar gauge traded near the lowest level this year.
Australia underperformed, with the benchmark on track for its worst day in almost three months. Shares also fell in Japan and China after key U.S. equity benchmarks closed lower and large technology stocks like Amazon.com Inc. and Microsoft Corp. erased gains. AT&T Inc. plunged after the company said it plans to spin off its media operations. S&P 500 and Nasdaq 100 futures were in the red along with European contracts.
A slide in crude on the possibility of more supply from Iran hurt energy stocks. Treasury yields were steady. Bitcoin and other cryptocurrencies extended a retreat after the People’s Bank of China conveyed a statement reiterating that digital tokens can’t be used as a form of payment. Markets are closed Wednesday in Hong Kong and South Korea for holidays.
US After Hours ALTA +7.5% jumps as it gets acquired; TTWO +3.3% rises on earnings
Nikkei -1.62% Hang Seng closed CSI -0.18% Shanghai -0.51% Shenzen +0.34%
Eur$ 1.2234 CNH 6.4254 CNY 6.4267 JPY 108.95 GBP 1.4194 CHF 0.8973 RUB 73.7682 TRY 8.3660 WTI$ 64.75 -1.13% Gold 1868.44 BTC 39,050 -4610
S&P -0.41% Nasdaq -0.49% EuroStoxx -1.08% FTSE -1% Dax -0.95% SMI -0.53%
Macro :
- Value Rally Is Overdone, According to One Indicator
Macro :
- Value Rally Is Overdone, According to One Indicator
- Denmark Agrees on DKK1.65 Billion Support Bill for Businesses
- Watch Crypto Stocks as Bitcoin, Other Digital Tokens Plunge
Spacs :
- SPAC’s Stumble Opens Door for an ETF to Bet on Bigger Declines
Keep an eye on :
Keep an eye on :
- AIR FP : Boeing, FAA Records on 737 Max Sought by U.S. Lawmakers
- AF FP : Air France Uses Domestically Made Sustainable Fuel for Flight
- ATO FP : Finsur Owns More Than 5% in Atos: AMF
- AG1 GY : AUTO1 1Q Adjusted Ebitda Loss EU14M Vs. Loss EU22.0M Y/y
- CCAP GY : Corestate 1Q Adjusted Ebitda EU1M
- DBK GY : Deutsche Bank Names Salama as Anti Money Laundering Chief
- DTE GY : *DEUTSCHE TELEKOM IS SAID TO WEIGH BOOSTING STAKE IN T-MOBILE US
- DTE GY : Deutsche Telekom Move May Put Debt in Focus: React
- ELI BB : Elia Group Maintains FY Adjusted ROE +5.5% to +6.5%
- ALFOC FP : Focus Home Interactive Share Sale Order Book Is Covered: Terms
- GSK LN : Oxford/Astrazeneca Vaccine Works Well as Third Booster Shot: FT
- DEC FP : JCDecaux 1Q Adjusted Revenue EU454.3M Vs. EU723.6M Y/y
- BAER SW : Julius Baer Assets Under Management CHF470B
- BAER SW : Julius Baer Assets Under Management CHF470B
- LEHN SW : Lem FY Sales Beat Estimates
- MB IM : Del Vecchio Raised Mediobanca Stake to 15.4%: Consob
- PGHN SW : Partners Group Said in Talks to Sell ISP Stake to Canadian Fund
- REN PL : REN Says OQ Intends to Sell Its Indirect Stake in the Company
- ROG SW : Roche’s Spark Sues Rival Bluebird for Infringing Trademark
- SIM DC : Simcorp 1Q Revenue Beats Estimates
- STOCKA FH : Stockmann to Issue as Much as 100m Shares to Creditors (1)
- TGYM IM : Technogym Offering by Holder Prices at EU10.81/Share: Terms
- TSLA US : Tesla Has Over 10,000 Cars On Factory Hold: Electrek
- VIV FP : Tencent Music Says Talking With Regulators as Scrutiny Grows (1)